XML 19 R7.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ 110,530 $ (13,480)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 11,949 23,068
Amortization and write-off of debt issuance costs 1,586 1,004
Loss on disposal/classification of held for sale for discontinued operations 0 39,096
Tangible asset impairment charge 156 6,416
Gain on sale of assets (75,001) (1,123)
Gain from insurance settlement related to investing activities (1,059) 0
Equity-based incentive compensation 618 816
Changes in assets and liabilities:    
Decrease in accounts receivable 14,265 6,461
Decrease in receivables from related parties 138 603
Decrease in other current assets 2,318 4,094
Decrease in other non-current assets 1,417 2,324
Decrease in accounts payable (311) (557)
Increase (decrease) in payables to related parties 1 (1,792)
Increase (decrease) in accrued interest payable 305 (19)
Decrease in accrued property taxes (612) (671)
Decrease in unearned revenue (471) (1,618)
Increase (decrease) in accrued payroll (1,649) 1,617
Decrease in other accrued liabilities (1,718) (2,223)
Net cash provided by operating activities 49,329 61,167
Cash flows from investing activities:    
Acquisition of DEVCO from Ergon (Note 12) 0 (12,221)
Capital expenditures (8,429) (16,332)
Proceeds from sale of assets 155,249 5,896
Proceeds from insurance settlement related to investing activities 1,059 0
Net cash provided by (used in) investing activities 147,879 (22,657)
Cash flows from financing activities:    
Payments on other financing activities (1,384) (3,027)
Debt issuance costs (575) 0
Borrowings under credit agreement 98,486 228,000
Payments under credit agreement (256,000) (231,000)
Repurchase of Preferred Units (5,407) 0
Proceeds from equity issuance 154 170
Distributions (32,115) (32,406)
Net cash used in financing activities (196,841) (38,263)
Net increase in cash and cash equivalents 367 247
Cash and cash equivalents at beginning of period 805 558
Cash and cash equivalents at end of period 1,172 805
Supplemental disclosure of non-cash financing and investing cash flow information:    
Non-cash changes in property, plant and equipment 2,765 (259)
Increase in accrued liabilities related to insurance premium financing agreement 1,208 2,324
Cash paid for interest, net of amounts capitalized 4,098 10,009
Cash paid for income taxes 37 30
Third Party [Member]    
Changes in assets and liabilities:    
Increase (decrease) in accrued crude oil purchases (3,868) (2,838)
Related Party [Member]    
Changes in assets and liabilities:    
Increase (decrease) in accrued crude oil purchases (8,842) (2,965)
Decrease in unearned revenue $ (423) $ 2,954